Economic Theory, via YouTube and Cartoon – NYTimes.com. Ray Dalio, the 64-year-old founder of Bridgewater Associates, the largest hedge fund in the world with some $150 billion under management, has quietly begunteaching his investment secrets on YouTube. Mr. Dalio, who … Continue reading →

PIMCO | Investment Outlook – Credit Supernova!. So our credit-based financial markets and the economy it supports are levered, fragile and increasingly entropic – it is running out of energy and time. When does money run out of time? The countdown … Continue reading →